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Kamdjou, Herve D. Teguim – Open Education Studies, 2023
This article revisits the Mincer earnings function and presents comparable estimates of the average monetary returns associated with an additional year of education across different regions worldwide. In contrast to the traditional Ordinary Least Squares (OLS) method commonly employed in the literature, this study applied a cutting-edge approach…
Descriptors: Outcomes of Education, Artificial Intelligence, Human Capital, Regression (Statistics)